MKTBTWTP116 — TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.
MKTBTWTP116 is the SWIFT/BIC code for TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAIPEI, Taiwan — an 11-character branch code under ISO 9362.
MKTBTWTP116 is the SWIFT/BIC code for TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAIPEI, Taiwan. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: MKTBTWTP
| Field | Value |
|---|---|
| Institution | TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. |
| Country | Taiwan (TW) |
| Location Code | TP |
| Branch | CHENG NEI BRANCH |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Frequently asked questions
What bank does the SWIFT code MKTBTWTP116 belong to?
The SWIFT code MKTBTWTP116 identifies TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAIPEI, Taiwan. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code MKTBTWTP116 mean?
The 8 or 11 characters of MKTBTWTP116 are parsed as follows: characters 1-4 (MKTB) represent the bank code for TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.; characters 5-6 (TW) indicate the country code for Taiwan; characters 7-8 (TP) specify the location code; and the final characters (116) designate the specific branch.
Is the BIC code MKTBTWTP116 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) MKTBTWTP116 is registered under ISO 9362 and is active for routing interbank messages. Location characters 'TP' designate it as a primary active participant.
Can I use the head office code MKTBTWTP instead of MKTBTWTP116?
Yes. The 8-character code MKTBTWTP represents the primary headquarters of TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.. The 11-character code MKTBTWTP116 targets the specific branch directly. If the branch code is unknown, sending payments to MKTBTWTP (or MKTBTWTPXXX) will route them to the main head office.
What is the physical address of the bank registered to MKTBTWTP116?
The physical address registered for MKTBTWTP116 is: 115 CHONGCING S. RD, JHONGJHENG DISTRICT, 100, TAIPEI, Taiwan. Verify this address matches your recipient's branch details before initiating a transaction.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).